ABS / Tracking light pops up

'97 Chrysler Concorde 130,000+ miles @ 23-24 miles per gallon

Start car, light is off. Drive up to 15 miles per hour, “ding” sound now see ABS / Tracking light pops up, stays on until you shut off car, then repeat. Everything drives well. Brakes are NOT on.

What is happening? Can this cause any “real damage” driving it around @ higher speeds? Am I burning out the track and/or brakes? Is it a sensor? If so, what type? Can this be repaired? If so, can my local guy (25+ years) do this or would I have to go to dealership (and get raped)?

Thank you for the clarification.
I responded in your original thread where you used the term “BCS light”.
Please refer to your original thread.